What is a Judgment Lien on Real Estate?

by | Mar 18, 2019 | Financial Services

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A judgment on the property can include real estate (house), vehicles, boats, and other real property. A lien is created if someone, usually a creditor, wins a lawsuit against you, recording the The lien gives the creditor the right to possess your real property if you fail to meet contract obligations. A judgment lien can be created against personal property, vehicles, and real estate and can be created against a small business or individual. The problem with this is that the creditor can force you out of your home or repossess your car, which leaves you in a bind and without a lot of options.

Mayflower Capital Company is there to help with selling your real estate judgment. The professionals here make it easy because they don’t charge fees and you can use their services free of charge. Along with such, when it comes to selling judgments for cash, you will find that they make the process simplified. They handle all the paperwork and take into consideration the timing so that you don’t have to do much else. You just agree to the offer they provide you with and get your money in a few days.

If you want to sell your judgment, you may wonder where to turn, but there are companies out there that can help you. While the lien and judgment process is challenging and creditors can wait years before they collect, it’s up to you to take steps to protect your assets and your family. By selling the judgment to a company, you ensure that you get cash for your trouble and can use that money to pay off the creditor or do with it what you want. The company takes over the judgment and the property, ensuring that you wash your hands of both issues.

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